GBPUSD Eases Amid Geopolitical Tensions and Mixed UK Economic Data
The British pound steadied below $1.35, weighed by stalled US-Iran tensions and slowing UK consumption, despite solid Q2 GDP growth and June economic activity.
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The British pound steadied below $1.35, weighed by stalled US-Iran tensions and slowing UK consumption, despite solid Q2 GDP growth and June economic activity.
European bourses edged higher on strong earnings and falling oil prices. Brent crude fell 1.9% on demand concerns, while UK GDP beat expectations, boosting sentiment for GBP and European equities lik…